CJ4.1. Why is a simple forecast of operating income based on book value usually not a goodforecast?

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CJ4.1. Why is a simple forecast of operating income based on book value usually not a goodforecast? When might such a forecast be a goodforecast?

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Financial Statement Analysis And Security Valuation

ISBN: 9780071267809

4th International Edition

Authors: Penman-Stephen-H, Steven Penman

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Question Posted: Jul 22, 2024 01:00 PM

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CJ4.1. Why is a simple forecast of operating income based on book value usually not a goodforecast?

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Financial Statement Analysis And Security Valuation

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